To be eligible for mortgage and other assistance:

• Properties must be located in the US Virgin Islands,
• The applicant must currently own and occupy the property as their primary residence
• Household income cannot exceed 150% of the Area Median Income (AMI) based upon US Department of Housing and Urban Development (HUD) income data (click here for income limits per island),
• Homeowners must describe and attest to financial hardship after January 21, 2020, such as job loss, a reduction in household income, incurred significant costs for health care or experienced other financial hardship due, directly or indirectly, to Covid-19
• USVI HAF FY2022 Income Limit Chart

Eligible property types include single-family properties, condominium units and one-to-four-unit properties where one of the units is the applicants primary home. The eligible mortgage types that can qualify for assistance include first mortgages, second mortgages and in all cases, the principal mortgage must not exceed the maximum conforming loan limit as determined and adjusted annually under section 302(b)(2) of Federal National Mortgage Association Charter Act (12 U.S.C. 1717(b)(2)) and section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S. C. 1454 (a)(2)).